East Africa could be the next Qatar for gas

East Africa could be the “next Qatar” for onshore gas exploration and production. Qatar is currently one of the largest exporters of liquefied natural gas followed by Malaysia, Indonesia and Australia. But industry experts believe it could soon have a rival in East African nations such as Tanzania and Mozambique which have recently been shown […]

Beware of risk factor in race for oil

Companies planning to exploit oil and gas in countries where conflict is an everyday occurrence aren’t fully thinking about the risks, a security advisor has warned the industry. With firms looking further afield to find prized fossil fuels, risks cannot be ignored, said James Hopkinson of Blue Hackle, which operates in higher risk locations like […]

North Sea Tax could ‘create opportunities’

The North Sea Tax that hit some wells in the region with 80% tax earlier this year could benefit the sector. This is the view of Nigel Hares, COO at UK oil firm Enquest, who suggested that less competition in the region could pan out well for some companies. Although admitting that the Treasury’s “surprise […]